Due Diligence Director China

DD Director as Due Diligence Lead

• Due Diligence Scientific / Technical evaluation

• Manages and drives the due diligence for the review, evaluation, and recommendation of BD&L opportunities under guidance of a DD Therapeutic Area (TA) Head as applicable

-        Ensures the correct handling of confidential information and compliance with confidential disclosure obligations and ensures the DD teams do the same

-        Lead for scientific / technical DD evaluation (focused DD to address key questions) and for the full assessment DD (in-depth opportunity review) in close partnership with Search & Evaluation (S&E) / Transaction Lead

-        Responsible for operational excellence in the set-up and conduct of DD (adherence to C&BD process; review of data, integrated development plan / timelines, on site visits etc.)

-        Ensures fair balance and accuracy

-        Leads development of an integrated and aligned risk management plan

-        Co-ordinates and leads DD team review, discussions and recommendation

-        Leads and accountable for reporting and communicating scientific / technical DD findings to Therapeutic Area Leadership (TAL) and all relevant decision bodies, e.g., Executive Committee Novartis - Deal Committee (ECN DC)

-        Contributes to presentations of scientific / technical DD findings to management

• Due Diligence Project Management – Development plan

-        Leads the elaboration of comprehensive, accurate and aligned development plans and costs

-        Ensures the appropriate integration of considerations for feasibility, uncertainties, and competitive challenges in the market, including appropriate scenario generation and contingency planning

• Due Diligence Finance and Deal contribution

-        Ensures R&D costs for the project in scope of the DD are prepared in coordination with Finance and the respective line functions

-        Liaises with relevant functions incl. Finance and TRD/TechOps to prepare COGS estimates

-        Ensure assumptions for PoS and OPA are aligned with relevant stakeholders

-        Understands high-level financial valuation (such as NPV) and challenges development-related assumptions

-        Co-ordinates in collaboration with S&E / Transaction Lead and Commercial / Therapeutic Area Strategy Lead alignment on Target Product Profile (TPP).

-        As member of Deal Team, contributes to the preparation / review of offers, term sheets, and contracts, by ensuring major DD findings and risk inflection points are appropriately considered

• Due Diligence Leadership

• Fosters a ‘collaboration with courage’ team environment

-        Drives team recommendation based on integrated view on the C&BD opportunity with fair balance of opportunities and risks, and with solution focused outlook

-        Ensures professional and positive interactions with the external company / partner

-        Raises contentious issues in a manner that drives resolution, and enables others to do the same

-        Documents that DD team members are trained according to requirements.

Key Performance Indicators  (Indicate how performance for this role will be measured)

DD Director as DD Lead

-        Objective, balanced scientific and technical due diligence evaluations of high quality leading to clear opportunity and risk profiles, supporting decision making and solution focused risk mitigations strategies

-        Seamless and smooth interaction with senior management decision bodies

-        Realistic planning of key milestones, plans, risk mitigation, costs and timelines to ensure best forecast assumptions

-        Preparation of high-quality deal presentations to senior management in support of recommended deals

Job Dimensions  (Indicate key facts and figures)

• Number of associates:

• Direct: One (in China)

• In-direct as DD Lead: Matrix management of global DD team(s) of 40-80 Subject Matter Experts (SME) for each assigned Due Diligence in a given TA

• Financial responsibility:

• (Budget, cost, sales, etc.)

Development cost forecast for C&BD evaluations for assigned Due Diligences

• Impact on the organization:

High impact in driving the right recommendations based on balanced opportunity and risk assessments for in-licensing and M&A opportunities with optimal use of internal resources

Ideal Background  (State the preferred education and experience level)

• Education and/or professional experience:

• Doctoral or equivalent degree in life science

• Experience in pharmaceutical industry

• Business management training or equivalent

• undefined

• Languages:

Fluent English (oral and written) and Mandarin

• Experience / Professional Requirements:      

-        Extensive drug development expertise, with 8+ years’ experience in pharma drug development spanning across several disciplines and stages (from research to commercial) including in due diligence

-        Past contribution to and experience in in-licensing and M&A due diligences;

-        Strong interpersonal and leadership skills, ability to integrate across functions and organizations to build collaborative relationships

-        Planning and tracking skills with attention to detail including experience with project management and tools

-        Well-organized, excellent time management with respect to priorities and self-management

-        Fast action taker, ability to quickly grasp the essence of new projects. Involves the right team members in the right situation at the right time

-        Expert verbal and written communication skills

-        Sound judgement of which risks and issues need to be highlighted and properly communicated to management.